Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Monday, 28 April 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.
Finance Bill
I will answer that question genuinely—as, in fact, I answered the same question last Monday. We flagged this tax on the poorest within an hour of the then Chancellor sitting down at the end of his 2007 Budget speech. The amendment in question sought to impose an ongoing restriction on Governments, Chancellors and the Treasury in dealing with income tax changes. We felt that that was not the best way to deal with the problem. This specific issue is in this year's Finance Bill, and we are addressing it by tabling amendments that will deal with the problem before the House today.
Secondary information
- Type
- Proceeding contribution
- Reference
- 475 c95
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Capital gains tax Corporation tax Bingo Amusement arcades Licensing Investment Income tax Gaming machines Pensioners Small businesses Tax allowances Taxation Tax rates and bands
- Legislation
- Finance Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 00:05:30 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_467615
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